EVgo Announces Addition of Two New Board Members, Katherine Motlagh and Badar Khan
May 23 2022 - 7:00AM
Business Wire
Additions of Seasoned Technology and Energy
Executives further strengthens Board of Directors with deep sector
expertise
EVgo Inc. (NASDAQ: EVGO), the nation’s largest public fast
charging network for electric vehicles (EVs) and first powered by
100% renewable electricity, today announced the appointment of
CyrusOne LLC Executive Vice President and Chief Financial Officer
Katherine Motlagh as a director on the Board and the election of
National Grid U.S. President Badar Khan at the 2022 Annual Meeting
as a Class I Director. Katherine Motlagh’s term as a director
expires at the 2024 annual meeting of stockholders while Badar
Khan’s term expires at the 2025 annual meeting of stockholders.
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Katherine Motlagh and Badar Khan (Photo:
Business Wire)
Katherine Motlagh currently serves as Executive Vice President
and Chief Financial Officer at CyrusOne, an owner and operator of
more than 50 carrier-neutral data centers in North America, Europe,
and South America. Motlagh, a Certified Public Accountant and
Certified Management Accountant, brings extensive experience in the
financial sector – including having served as CFO at subsidiaries
of American Tower, a global infrastructure REIT – as well as
previous Board experience from the National and European Boards of
the Institute of Management Accountants. Upon the recommendation of
the Nominating and Governance Committee of the Board, the Board
approved the immediate appointment of Motlagh as a member and chair
of the Audit Committee, and a member of both the Nominating and
Governance Committee and the Compensation Committee.
Badar Khan currently serves as the U.S. President of National
Grid, one of the largest investor-owned energy companies in the US
— serving more than 20 million people throughout New York,
Massachusetts, and Rhode Island. With more than 25 years of
management and leadership experience within the energy sector, Khan
has served on the board of directors of CRH plc since October 2021,
and was previously the President of National Grid Ventures, a
global portfolio of large-scale competitive energy projects. Prior
to this role, he served as Chief Executive Officer of Direct Energy
at Centrica plc. In addition to his role as Lead Independent
Director, the Board approved the appointment of Khan as a member
and chair of the Compensation Committee, and as a member of both
the Nominating and Governance Committee and the Audit
Committee.
“Katherine and Badar’s leadership, management and industry
experience will be immensely valuable in guiding EVgo’s continuing
growth,” said Cathy Zoi, CEO of EVgo. “Their strategic input and
guidance will be a powerful asset as we expand our charging
business and lead the way to achieving an electrified
transportation sector.”
Board Nominee Experience Detail
Katherine Motlagh is the Executive Vice President and
Chief Financial Officer of CyrusOne LLC (“CyrusOne”), an owner and
operator of more than 50 carrier-neutral data centers in North
America, Europe, and South America. In this role, she is a member
of the executive management team and is responsible for CyrusOne’s
accounting, finance, capital markets, tax, procurement, and
investor relations. Prior to CyrusOne, she served as CFO of the
Europe, Africa, and Latin America regions at American Tower -- a
global infrastructure REIT which develops, owns, and operates
multi-tenant communications real estate -- where she was
responsible for providing strategic leadership and oversight of all
financial activities and financial reporting, management of
international tax policy, and planning and internal control
compliance for international businesses in 18 countries. Her
earlier career included divisional CFO roles as well as a variety
of finance and accounting leadership roles responsibilities at
Ericsson, Inc., Nokia, Inc., and Nextel Communications, Inc.
Motlagh earned a masters’ degree from the Academy of Finance in
Moscow. She has previously served on the National and European
Boards of the Institute of Management Accountants.
Badar Khan brings a wealth of experience in the energy
sector to the Board. He currently serves as President at National
Grid US, where he leads the company’s core domestic business
operations and oversees the provision of electricity, natural gas
and clean energy solutions to over 20 million people across
Massachusetts, New York and Rhode Island. Prior to this role, he
was the President of National Grid Ventures, a global portfolio of
large-scale competitive energy projects – including electricity
interconnectors, onshore wind and solar generation, competitive
electricity transmission, and LNG storage – and oversaw the
creation of National Grid Partners, the company’s venture capital
and innovation arm. Additionally, Mr. Khan was Chief Executive
Officer of Direct Energy at Centrica plc, the North American
subsidiary that provides electricity, natural gas and home
services.
Khan holds a degree in engineering from Brunel University in
London and an MBA from the Wharton School of the University of
Pennsylvania. He has served on the board of directors of CRH plc
since October 2021.
About EVgo
EVgo (Nasdaq: EVGO) is the nation’s largest public fast charging
network for electric vehicles, and the first to be powered by 100%
renewable energy. As of the end of the first quarter 2022, with
more than 850 charging locations, EVgo’s owned and operated
charging network serves over 60 metropolitan areas across more than
30 states and approximately 375,000 customer accounts. Founded in
2010, EVgo leads the way on transportation electrification,
partnering with automakers; fleet and rideshare operators; retail
hosts such as hotels, shopping centers, gas stations and parking
lot operators; and other stakeholders to deploy advanced charging
technology to expand network availability and make it easier for
drivers across the U.S. to enjoy the benefits of driving an EV. As
a charging technology first mover, EVgo works closely with business
and government leaders to accelerate the ubiquitous adoption of EVs
by providing a reliable and convenient charging experience close to
where drivers live, work and play, whether for a daily commute or a
commercial fleet.
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For Investors: Ted Brooks, VP of Investor Relations
investors@evgo.com 310-954-2943
For Media: press@evgo.com
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